Median Family Income
Prior to 2020, the median real income for families in the United States had been increasing for 5 consecutive years.
https://www.pgpf.org/chart-archive/0213_stagnant_median_income
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Prior to 2020, the median real income for families in the United States had been increasing for 5 consecutive years.
https://www.pgpf.org/chart-archive/0213_stagnant_median_income
Blacks and Hispanics have much higher poverty rates than other groups.
Full-time male workers earn more than full-time female workers
There is a high rate of child poverty in the United States compared to other developed countries.
Income varies widely across racial and ethnic groups in the United States.
https://www.pgpf.org/chart-archive/0272_income_race_historical
Over 11 percent of the population lives in poverty, and nearly half of those in poverty live in deep poverty.
Poverty levels among children remain much higher than poverty levels for those 65 and older.
The U.S. spent $820 billion on national defense during fiscal year (FY) 2023 according to the Office of Management and Budget, which amounted to 13 percent of federal spending.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
The Peter G. Peterson Foundation releases a statement on the vote by the National Commission on Fiscal Responsibility and Reform.